Tag Archives: legal updates

The role of SIMEST S.p.A. as export and internationalization hub in Italy

The role of SIMEST S.p.A. as export and internationalization hub in Italy
Author: Stefano Rossi SIMEST is the company in the Cassa Depositi e Prestiti Group1 (CDP…
Stefano Rossi

Together with SACE, SIMEST represents the Export and Internationalization Hub of the CDP Group, which brings together all the instruments to support Italian companies that wish to compete and grow internationally.

SIMEST, in particular, supports companies through their whole expansion cycle abroad, from the initial assessment of opening up to a new market, to expansion through direct investments. It operates through loans aimed at internationalization, export credit support and capital investments.

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Who’s who legal. Restructuring & insolvency 2020, ITALY.

Who's who legal. Restructuring & insolvency 2020, ITALY.
Author: Giorgio Cherubini Who’s Who Legal is a leading legal guide and has recently published…
Giorgio Cherubini
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RECENT UPDATES IN PERSONAL DATA REGULATION IN RUSSIA

THE SUPREME COURT CONFIRMED THAT RUSSIAN USERS MAY FILE A LAWSUIT AGAINST AN AMERICAN SOCIAL NETWORK TO A RUSSIAN COURT

The Supreme Court of the Russian Federation reviewed a case initiated by a number of Internet users against the American social network Facebook Inc.

The Russian users filed a lawsuit against Facebook Inc. based on the Terms of Service violations. Moreover, the users also motivated their lawsuit by illegal use of their personal data.

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California Court of Appeals Finds Uninvolved Joint Employers are Innocent Bystanders, Cannot Be Held Liable for Harassment and Discrimination Claims

On April 7, 2020, the California Court of Appeals (the “Court”) upheld summary judgment for two professional employer organizations (referred to in the decision as a “staffing agencies”) accused of harassment and discrimination by one of its “leased” employees. In Ducksworth v. Tri-Modal Distribution Services, the Court found that joint employers—and more specifically staffing agencies—cannot be held liable for harassment and discrimination claims absent a showing that they participated in or were involved in the alleged wrongful conduct.

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Steel producer operating in Italy struggles to protect its activities

Steel producer operating in Italy struggles to protect its activities
Authors: Giorgio Cherubini, Giancarlo Cherubini The article published in INSOL Europe’s Eurofenix magazine examines the…
Giorgio Cherubini
Giancarlo Cherubini
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“Restore Liquidity” Decree: the entry into force of the New Code of business crisis and insolvency is postponed

“Restore Liquidity” Decree: the entry into force of the New Code of business crisis and insolvency is postponed
In the current macroeconomic emergency situation, the Italian Law Decree no. 23 of April 8,…

The Government’s decision is motivated by the fact that, giving birth to an instrument never tested before and studied to face, originally, only “ordinary” crises, could be, in this period of emergency, inappropriate.

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The supervening impossibility of the performance and the force majeure at the time of Covid-19 in the Italian legal system

The supervening impossibility of the performance and the force majeure at the time of Covid-19 in the Italian legal system
From EXP Legal Contractual Law Team. The crisis resulting from the Covid-19 epidemic is having…

The question arises with particular regard to leasing relationships, whether commercial or for residential use, but is to be considered interpretatively and abstractly extended to any type of contract.

Of course, the problem arises in cases where the parties have not explicitly intended to regulate in the contract the occurrence of an interrupting or suspensive event regarding the obligations undertaken, and therefore in cases where no instances of supervening impossibility and/or force majeure have been typified, which may render the breach or delay in the fulfillment of one or both parties legitimate.

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ILN Today Post

Delhi High Court: Party challenging an award under Section 34, Arbitration and Conciliation Act, 1996 or seeking a stay on award to deposit the entire sum awarded

Judgment: Power Mech Projects Limited Vs. SEPCO Electric Power Construction Corporation [O.M.P. (I) (COMM.) 523/2017],

Forum: Hon’ble High Court of Delhi (“Court”)

Judgment delivered on: February 17, 2020

Act/Law: Arbitration and Conciliation Act, 1996 (“Act”).

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Press release: Internationalization projects in Africa

Press release: Internationalization projects in Africa
Author: Stefano Rossi The last business mission organized by EXP Legal in Senegal, Dakar, ended…
Stefano Rossi

Senegal has long been a country of strategic importance in the expansion of EXP Legal on the African continent, particularly in the area of West Africa.

Since 2014, the launch year of the “Plan Senegal Emergent” program, the Senegalese economy has advanced at increasing rates (4.3% in 2014, 6.4% in 2015, 6.6% in 2016, 6.7% in 2017, 6.8% in 2018). Political stability, strong integration into the regional economy, the optimal geographical position and a “pro business” legislative and regulatory framework are the other positive aspects to consider.

The mission in Dakar, led by Avv. Stefano Rossi, had as main objective the strengthening of the presence of the Firm in Senegal and the network expansion of professional co-operation relationships on site: a network of primary African law and consulting firms to work synergistically in order to assist clients in the whole region according to their needs.

In addition to supporting its clients in the development and implementation of new export plans in Africa, the Firm assists companies in more complex investment operations in multiple product and industrial sectors.

In the coming months, an event will take place in Rome dedicated to business opportunities for Italian companies in Africa, followed by a new multisectoral business mission in Senegal, this time dedicated to a selected number of companies.

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The new EU-Singapore Partnership Agreements

The new EU-Singapore Partnership Agreements
Authors: Stefano Rossi, Eugenio Del Monte The trade agreement between the EU and the Republic…
Stefano Rossi
Eugenio Del Monte

UE-SINGAPORE: TRADE AND INVESTMENT AGREEMENT

 

Introduction

On November 8, 2019, the Member States of the European Union (EU) approved the trade agreement between the EU and Singapore, which therefore entered into force on November 21. An investment protection agreement has also been concluded between the EU and Singapore, which may enter into force after ratification by all EU Member States according to their respective national proceedings. These are the first bilateral trade agreements signed between the EU and a Member State of the Association of Southeast Asian Nations (ASEAN).

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